Russell Investments Group Ltd. Buys 65,216 Shares of The Boeing Company $BA

Russell Investments Group Ltd. raised its stake in shares of The Boeing Company (NYSE:BA) by 41.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 223,824 shares of the aircraft producer’s stock after purchasing an additional 65,216 shares during the period. Russell Investments Group Ltd.’s holdings in Boeing were worth $48,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. SteelPeak Wealth LLC boosted its position in shares of Boeing by 50.4% in the third quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer’s stock valued at $5,689,000 after acquiring an additional 8,833 shares during the period. Vanguard Group Inc. grew its stake in shares of Boeing by 1.7% in the second quarter. Vanguard Group Inc. now owns 66,773,360 shares of the aircraft producer’s stock worth $13,991,022,000 after acquiring an additional 1,118,316 shares during the last quarter. Patton Fund Management Inc. increased its position in Boeing by 734.4% during the third quarter. Patton Fund Management Inc. now owns 10,322 shares of the aircraft producer’s stock worth $2,228,000 after acquiring an additional 9,085 shares during the period. Fisher Asset Management LLC raised its stake in Boeing by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer’s stock valued at $1,188,153,000 after purchasing an additional 177,597 shares during the last quarter. Finally, Vestor Capital LLC raised its stake in Boeing by 8,287.4% during the 2nd quarter. Vestor Capital LLC now owns 246,086 shares of the aircraft producer’s stock valued at $51,562,000 after purchasing an additional 243,152 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Boeing news, SVP Ann M. Schmidt sold 6,281 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president directly owned 13,978 shares in the company, valued at $3,401,825.86. This represents a 31.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Howard E. Mckenzie sold 10,497 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the transaction, the executive vice president owned 14,692 shares of the company’s stock, valued at $3,437,781.08. This represents a 41.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 21,012 shares of company stock worth $4,980,687 in the last quarter. Corporate insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research report on Wednesday, March 4th. New Street Research set a $257.00 price objective on shares of Boeing in a research report on Tuesday, December 9th. Vertical Research reiterated a “buy” rating and issued a $281.00 target price on shares of Boeing in a research note on Tuesday, January 27th. Citigroup reissued a “buy” rating on shares of Boeing in a research report on Thursday, February 5th. Finally, Weiss Ratings raised Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $246.14.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing picked up a new defense order that bolsters near‑term sales and defense backlog; defense wins help revenue visibility amid strong military demand. Boeing Picks Up Another Defense Order
• Positive Sentiment: UBS reiterated a Buy rating and $285 price target, citing improving production, a robust backlog and widebody ramp‑up — a vote of confidence that can support investor sentiment. Boeing: Improving Production, Robust Backlog, and Widebody Ramp-Up Underpin Buy Rating
• Positive Sentiment: February deliveries were the strongest for Boeing in several years and beat Airbus for the month (51 jets), supporting the production‑recovery narrative and showing demand is intact. Boeing Beats European Rival Airbus in February Deliveries
• Positive Sentiment: Short interest declined ~15% in February, reducing acute short‑pressure and signaling some investor confidence in the turnaround story. MarketBeat Boeing Short Interest Data
• Neutral Sentiment: Analyses and commentary are re‑testing Boeing’s valuation as the share price has swung, leaving investors weighing upside from backlog/defense against execution risks. Boeing (BA) Valuation In Focus After Recent Share Price Weakness And Conflicting Fair Value Signals
• Negative Sentiment: Boeing disclosed scratched wiring in undelivered 737 MAX jets traced to a machining error; the company warned this could slow some Q1 deliveries — the immediate operational risk that has pressured the stock. Boeing stock falls on wiring flaw discovery in 737 MAX jets

Boeing Stock Down 1.7%

Shares of BA opened at $214.10 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37. The company has a 50-day moving average price of $235.78 and a two-hundred day moving average price of $219.61. The stock has a market cap of $168.14 billion, a price-to-earnings ratio of 106.52 and a beta of 1.14. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $254.35.

Boeing (NYSE:BA) last released its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating the consensus estimate of ($0.40) by $10.32. The company had revenue of $23.95 billion during the quarter, compared to the consensus estimate of $22.41 billion. During the same quarter in the prior year, the company posted ($5.90) earnings per share. The company’s revenue for the quarter was up 57.1% on a year-over-year basis. Equities analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

About Boeing

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.